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  • WASHINGTON, Oct 8- The retailer's new venture with American Express looks a good option for poorer Americans lacking access to financial services.

  • The Threat From Chinese Telecom     Monday, 8 Oct 2012 | 2:02 PM ET

    The Congressional House Intelligence Committee is saying some Chinese telecom companies pose a security threat to America. Donald Straszheim, ISI Group head of China research, provides perspective.

  • Sector Snap: Gun companies Monday, 8 Oct 2012 | 2:01 PM ET

    NEW YORK-- Benchmark Research believes the sell-off last week of shares in firearms manufacturers was overdone, and reiterated a buy recommendation on the stocks of the biggest producers.

  • *World Bank says China economic slowdown may worsen. *Turkey retaliates again after mortar fire from Syria.

  • With Wal-Mart overhang, other prepaid cards worry Monday, 8 Oct 2012 | 1:55 PM ET

    NetSpend and Green Dot, which sells many of its cards at Walmart stores, tumbled Monday after Wal-Mart Stores Inc. announced it would offer its own prepaid card with credit card issuer American Express Co. With its shares falling, Green Dot replied with a statement saying it supported Wal-Mart's efforts to offer more financial products to more customers.

  • NC settles Medicaid fraud case against Abbott Monday, 8 Oct 2012 | 1:54 PM ET

    RALEIGH, N.C.-- North Carolina will reap almost $16 million from a national Medicaid fraud settlement involving Abbott Laboratories.

  • The widening outbreak has alarmed federal and state health officials and focused attention on regulation of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.

  • CBS to buy New York radio station to relay WFAN Monday, 8 Oct 2012 | 1:53 PM ET

    NEW YORK-- CBS Corp. said Monday that it is buying a New York radio station for $75 million so that it can relay a popular AM sports radio feed on the FM dial. It would become the 127th radio station that CBS operates in 28 markets nationwide.

  • Oct 8- Members of the machinists union went on strike at Bombardier Learjet's facility in Wichita, Kansas, on Monday after rejecting a contract offer that would raise healthcare costs.

  • Dollar rises on concerns about global economy Monday, 8 Oct 2012 | 1:52 PM ET

    The World Bank cut its growth forecast for Asia Monday and said that China's economy could continue to cool. The officials are expected to discuss Greece, Spain and other matters related to Europe's debt crisis. The dollar fell to 78.34 Japanese yen from 78.69 yen and to 97.66 Canadian cents from 97.90 Canadian cents.

  • *Conference to discuss rules in Dubai in December. GENEVA, Oct 8- The best solution to improving oversight of the Internet may be to do nothing at all, a senior U.S. official said on Monday while briefing reporters on a conference in December that could decide to consolidate control within a U.N. body.

  • Elie Wiesel survives Madoff wipeout, heart bypass Monday, 8 Oct 2012 | 1:49 PM ET

    NEW YORK-- When Elie Wiesel emerged from quintuple heart bypass surgery, still wired to monitors, he immediately started writing a book about the ordeal _ "in my head."

  • NASHVILLE, Tenn, Oct 8- U.S. health officials on Monday reported an additional 14 cases in a fungal meningitis outbreak linked to steroid injections that has now killed eight people and infected 105 in nine states.

  • Britain picks up 7 International Emmy nominations Monday, 8 Oct 2012 | 1:39 PM ET

    NEW YORK-- British television productions received a leading seven International Emmy nominations Monday, including best actor and actress nods for Jason Isaacs in "Case Histories" and newcomer Joanna Vanderham in "The Runaway."

  • *Check-writing capability, other features, coming next year* Shares of rival card companies NetSpend, Green Dot tank* Wal-Mart, Amex shares largely unchanged. NEW YORK, Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer a prepaid debit card called Bluebird to target lower-income shoppers who do not have bank accounts.

  • TV show to detail life as an NBA rookie Monday, 8 Oct 2012 | 1:33 PM ET

    NEW YORK-- Top draft pick Anthony Davis and former No. 1 choices LeBron James and Dwight Howard are featured in a program detailing life as an NBA rookie. Kobe Bryant, Kevin Durant, Clippers teammates Chris Paul and Blake Griffin, and a number of other top players are included in " My Life as an NBA Rookie," debuting Oct. 29 on Disney XD.

  • Alzheimer drug shows some promise in mild disease Monday, 8 Oct 2012 | 1:33 PM ET

    Detailed results were revealed for the first time Monday at an American Neurological Association conference in Boston. "It's certainly not the home run we all wanted, but we're very encouraged by these results," said Maria Carillo, chief science officer for the Alzheimer's Association, which had no role in the research.

  • NEW YORK, Oct 8- U.S. natural gas futures edged higher at midday Monday in seesaw trade, underpinned by chilly U.S. temperatures that have stirred early heating demand.

  • Man claims responsibility for defacing Rothko Monday, 8 Oct 2012 | 1:31 PM ET

    LONDON-- A Russian man has claimed responsibility for scrawling graffiti on a mural by modern American master Mark Rothko at London's Tate Modern museum, saying Monday he never intended to decrease the work's value. The defaced painting was one of a series intended to decorate the Four Seasons restaurant in New York.

  • Bombardier Learjet machinists strike Kansas plant Monday, 8 Oct 2012 | 1:31 PM ET

    WICHITA, Kan.-- Machinists at the Bombardier Learjet plant walked the picket line early Monday, while the Wichita, Kan.- based company said it will continue operations during the strike. Traffic at the only gate open for non-striking employees was backed up for more than three miles Monday morning as picketers briefly stopped cars that were attempting to enter.